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    Peony Dr Grand Junction, CO 81507

    New
    Pending
    For Sale
    $410,000

    LAND - Grand Junction, CO

    Type:Single Family Residence
    Lot size:
    2.05 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 8 at 10:06 pm

    Property Features for Peony Dr

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Pending
    Lot size
    2.05 Acres

    Building Details

    Additional Structures
    Garage(s)

    144 REALTY (970) 241-9200

    Listing agent Jordanna Smith (970) 433-2834

    Listing date Dec 3, 2025

    MLS# 20253996 Listing URL

    Copyright © 2025 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redlands Land with Immaculate Shop

    This 2.05-acre lot is located in the Redlands area. The property is situated in a secluded neighborhood without an HOA, offering privacy and space. A 2,000 sq ft shop, constructed in 2007 and well-maintained, is already on the premises. The shop features infrared heat and craftsmanship, making it suitable for hobbies, storage, or as a base for future construction. The property is undergoing a parcel split and has potential for development through the City of Grand Junction. All utilities currently run through the adjacent home and are not included in the sale, so water, sewer, and gas connections will need to be added by the buyer. The property offers usability and possibilities.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.6374
    Latitude
    39.0748

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    FAQs

    What type of property is this?
    Land - 2.05 acres in Redlands with a 2,000 sq ft shop.
    Where is this land located?
    The property is located at Peony Dr Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: - 2.05 Acres in Desirable Redlands Area; - No HOA: Offers Freedom and Flexibility; - Immaculate 2,000 Sq Ft Shop (Built 2007) with Infrared Heat
    (970) 433-2834
    Request Owner's contact information
    Peony Dr Grand Junction, CO 81507
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    Grand Junction, CO 81507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Peony Dr Grand Junction, CO 81507
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